Dallas-based Modo Payments has raised $2 million in a funding round headed by Tim Keith. The company will use the money from funds to widen its payment services buisness.

The England’s county of Cornwall is being reported to have substantial growing tech community as it ranks second for growth in the UK. The region is still striving to achieve better growth with the improvement of funding and workers’ skills.

Grand Rapids, Michigan mark the highest record in venture capital investment in 2015. A venture capital firm based in the largest city of West Michigan scored a 20% increase from previous year.

Opera Software, widely known for browsers, has been offered $1.2 billion to sell its 100% stake to a Chinese consortium. The buyers are awaiting a nod from the shareholders who are almost sold on the tempting offer that reflects a win-win situation for both parties.

The company announced that it had broken even in India and six other foreign countries, making the Indian e-commerce the first to achieve that milestone. Zomato, valued at over $1 billion, is going to start another funding round before becoming profitable by mid-2016.

Two of Ted Cruz's Super PACs have challenged Donald Trump to debate the Texas Senator. The debate is to be done before January 31 and if Trump accepts, the Super PACs would donate $1.5 million to veterans' charities.

The product will hit the stores in early February, just in time for Valentine's Day. Kit Kat Sake is expected to be a worldwide sensation just like Nestle Japan's Kit Kat Green Tea. Kit Kat bars are particularly popular in Japan because the brand sounded like the Japanese for 'you will surely win'.

The self-propelling stroller, introduced by the crowdfunder Indiegogo, is said to revolutionize the concept of a perambulator. Keeping in mind the needs of a parent, the stroller boasts of features like automatic movement controlled via sensors, built-in rocker, bottle warmer, canopies to weather different climatic conditions, to name a few. Its maker, Guillermo Morro, has also addressed all the safety concerns by assuring his audience that his highly capable team has always treated this as a top priority.

Indian Prime Minister Narendra Modi reveals the details of his much talked-about project, Startup India. Some key highlights are revised IP registration policies, faster exit and entry, income tax exemptions, and benefits for a woman entrepreneur. Modi hopes with this plan in action, India will soon become the hub for global startups.

Amazon is currently working on its Prime Air drones, which will revolutionize the concept of online shopping completely. These drones have an in-built sense-and-avoid technology that allows them to reach their destinations unharmed, and deliver online orders within an unbelievable 30 minutes.

New York City gets a $176 million federal funding to clean up the natural disaster scene, specially after Hurricane Sandy. The fund was raised through a national contest organized by the Department of Housing and Urban Development, to better prepare the citizens for any forthcoming natural disaster. Additionally, the city now has the $100 million from Mayor de Blasio to build their large-scale flood protection system around Lower Manhattan.

Jay Leno has picked the Ford F-150 Harley Davidson from his exotic collection, to be sold for charity at the Barrett-Jackson auction in Scottsdale, Arizona. The proceeds are meant to go to National Multiple Sclerosis Society.

21MW Solar Power Station will be built in Saga Prefecture by two leading Japanese company. Solar power becoming an important national project since the country’s shift in policies after Fukushima in 2011 to solar energy

President Obama's plan to stall the growing migration crisis has culminated into a global fund of $70 million, to help refugees find a home in the United States, or anywhere in the world. A new cap of 1,00,000 refugees per year from 70,000 goes to indicate the gravity of the situation.

The 24 Hours of Nürburgring will see Toyota breaking away from its conventional ways, to enter three models in this year's Toyota Gazoo Racing. Among which, one is a cross-over machine and Toyota's next production venture.

TrueBridge Capital Partners announced the closing of its fourth venture capital fund-of-funds on January 13. The fourth fund-of-funds is secured at its $400 million hard cap.

The video streaming company, Netflix prepares a huge amount of dollar for its content: $6 billion. The amount will be spent on 600 hours of original program. Netflix currently launches an aggressive global expansion which bothers many local content providers.

The BT Group deal concluded smoothly when the British Competition and Markets Authority gave its go-ahead. The verdict brought together two huge customer bases under the same roof, which can potentially make BT the largest provider of mobile, home telephone, internet and TV services in the United KIngdom.

Dennis Crowley, the co-founder of Foursquare, has passed on the reigns to the able hands of the then-COO, Jeff Glueck. Around the same time, the company raised its much-needed fund of $45M at this year's round of financing.

The top online search engine already had the initial discussions with the three Indian startups. Baidu seeks to expand to India due to growing online population and internet user.

Canadian Finance Minister has clearly stated that he strongly supports the central bank's recommendation of featuring Canada's iconic woman or women on paper currency. The petition for recognition of women, led by by hhistorian Merna Foster since 2013, seems to be slowly moving towards a positive decision.

Two big names, Wesfarmers and Sainsbury's, are vying for the Home Retail deal, despite warnings sent out by the seller itself regarding low profit expectations. While the deal seems to be in favor of Wesfarmers, Sainsbury's is not out of the picture yet.

Saudi Aramco, the Saudi Arabian oil company, has emerged as the most valuable company in the world. Talks about a potential public offering have created quite a stir in the stock market, as the investors wait for more details from the oil kingdom.

Didi Kuaidi ride sharing service announced that it allows third party apps to access its ride-hailing service. Previously, the Chinese ridehailing company published that it has achieved more than one billion rides.

Amazon.com expand its business to delivery service. The company will fully acquire French delivery company, Colis Privé. This acquisition will put Amazon head-to-head with FedEx, DHL and UPS.

US Treasuries dropped for the first time in seven days as China concerns eased. The unexpected depreciation of Yuan by China's central bank sent shock waves across the global markets. This triggered selloff in equities and forced investors towards safe havens such as treasuries and gold.

Asian market hit a worst week starting the 2016 trading. Global market also slipped following the turbulence in China.

One innovative product appears in CES 2016. OMsignal, the pioneer of smart clothing introduces a smart bra that is able to function as fitness tracker.

Super Bowl 50 in 2016 will be star packed once again, as Bruno Mars, Beyonce and Coldplay are expected to grace the occassion

Bill Cosby Defends Himself Against His Accusers. Bill Cosby gets back to his 7 accusers and countersues for oral defamation, alleging that the sexual assault accusations are mere plot to malign his reputation and "extract for financial gains.